Sterling edges up against dollar LONDON: Sterling edged up against a weaker dollar on Monday, hovering near a three-month high, even as Britain’s... Published 29 Nov, 2022 05:57am
Business & Finance UK unveils recession budget following markets chaos LONDON: Britain on Thursday unveiled a painful budget with £55 billion ($65 billion) of tax hikes and spending cuts... Published 18 Nov, 2022 05:53am
Business & Finance UK inflation hits 41-year high as Hunt readies tough budget LONDON: Surging household energy bills and food prices pushed British inflation to a 41-year high, data showed a day... Published 17 Nov, 2022 05:59am
Business & Finance UK inflation returns above 10 percent LONDON: British inflation jumped back above 10 percent in September on soaring food prices, official data showed... Published 20 Oct, 2022 05:36am
Business & Finance UK inflation eases from 40-year high LONDON: UK inflation has eased on lower motor fuel costs but remains close to 40-year peaks, official data showed... Published 14 Sep, 2022 03:38pm
Markets Sterling gains against the dollar as UK inflation falls LONDON: Sterling gained against the dollar on Wednesday as the greenback moving broadly lower and British inflation... Published 14 Sep, 2022 03:33pm
Opinion Cost of living crisis dominates UK leadership campaign With double-digit inflation and an economy teetering on the brink of recession, the cost-of-living crisis has... Published 25 Aug, 2022 06:09am
Opinion In UK, workers strike as inflation crushes earnings Railway and postal staff, dockers too. Britain’s workers are striking in vast numbers as decades-high inflation... Published 19 Aug, 2022 05:57am
World UK rail workers strike again LONDON: Railway staff in Britain on Thursday staged the latest in a series of strikes, once again disrupting... Published 19 Aug, 2022 05:57am
World Fresh nationwide rail strikes hit UK LONDON: Around 40,000 British railway workers staged a walkout on Wednesday, a month after the largest strike in 30... Published 28 Jul, 2022 04:41am
Business & Finance Sterling shrugs off UK inflation surge LONDON: Sterling steadied against the US dollar and euro on Wednesday after data showed British inflation climbed to... Published 21 Jul, 2022 05:40am
World UK inflation hits 9.4%, bolstering bets on big BoE rate hike LONDON: Surging petrol and food prices last month pushed British inflation to its highest rate in 40 years, ... Published 20 Jul, 2022 11:30pm
World Fresh transport strikes hit UK, mainland Europe LONDON: Britain’s railway system once again came to a virtual standstill on Saturday and flights in Europe were... Published 26 Jun, 2022 05:44am
Markets BoE will ‘act forcefully’ to stem inflation, says Britain’s Sunak LONDON: The Bank of England will “act forcefully” to combat rising prices, British finance minister Rishi Sunak said... Published 22 Jun, 2022 02:53pm
Business & Finance UK inflation hits new 40-year high of 9.1% in May, highest in G7 LONDON: Soaring food prices pushed British consumer price inflation to a new 40-year high last month of 9.1%, the... Published 22 Jun, 2022 11:36am
Markets Ex-Bank of England governor King says central banks share blame for inflation LONDON: Former Bank of England Governor Mervyn King said on Friday that central banks including the BoE are to blame... Published 20 May, 2022 04:51pm
Business & Finance UK economic growth slows in first quarter LONDON: Britain’s economy grew at a slower pace in the first quarter compared with the final three months of last... Published 12 May, 2022 01:07pm
Markets BoE’s Pill says UK must accept income hit from high inflation LONDON: People and businesses in Britain need to realise they are unlikely to recover the income lost to high... Published 06 May, 2022 08:10pm
Print BoE hikes interest rate to 13-year peak LONDON: The Bank of England on Thursday raised its main interest rate by a quarter point to one percent to tackle... Published 06 May, 2022 05:03am
Business & Finance Sterling edges up in wake of data showing surging UK inflation LONDON: Sterling edged up on Wednesday after briefly dropping to its lowest level against the US dollar since... Published 14 Apr, 2022 04:55am
Markets Sterling drops to lowest since Nov 2020 after UK inflation data LONDON: Sterling dropped on Wednesday to its lowest level against the US dollar since November 2020 as British... Published 13 Apr, 2022 03:19pm
Business & Finance UK inflation jumps to 30-year high of 7% in March LONDON: British consumer price inflation leapt to 7.0% in March, its highest since March 1992 and up from 6.2% in... Published 13 Apr, 2022 11:50am
Business & Finance Sterling edges up after UK inflation soars to nearly 30-year high LONDON: Sterling edged up versus the dollar and euro on Wednesday after data showed inflation in Britain at a nearly... Published 17 Feb, 2022 06:37am
Markets Sterling edges up after UK inflation soars to nearly 30-year high LONDON: Sterling edged up versus the dollar on Wednesday after data showed inflation in Britain at a nearly 30-year... Published 16 Feb, 2022 03:11pm
World UK inflation climbs to highest since 1992 at 5.5% LONDON: British consumer prices rose at the fastest annual pace in nearly 30 years last month, intensifying the... Updated 16 Feb, 2022 03:29pm
Business & Finance Sterling softens versus euro, Ukraine in focus LONDON: Sterling weakened against the dollar and the euro on Tuesday, as the single currency firmed on reports that... Published 16 Feb, 2022 06:20am
Markets BoE expected to raise rates further to combat inflation LONDON: The Bank of England is expected to raise its main interest rate on Thursday for a second policy meeting in a... Published 03 Feb, 2022 11:39am
World Johnson faces demands to resign LONDON: British Prime Minister Boris Johnson on Wednesday dismissed calls to resign from opponents and some of his... Published 20 Jan, 2022 04:21am
Business & Finance UK inflation rises to highest since March 1992 LONDON: British consumer price inflation rose more than expected to 5.4% in December, up from November's 5.1% ... Published 19 Jan, 2022 12:34pm
Markets BoE's Pill sees more rate hikes if inflation persists LONDON: Bank of England Chief Economist Huw Pill said the central bank would need to raise interest rates further if... Published 17 Dec, 2021 07:02pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?